The VQ Bars Forex Indicator is a popular and free MetaTrader 4 (MT4) indicator that is useful for traders of all levels. This indicator provides a visual representation of the price action of the currency pair in the form of bars, making it easier for traders to understand the market. The VQ Bars indicator is based on the volume and price of the currency pair and can be used to identify buying and selling opportunities. It is best used in combination with other indicators and technical analysis tools. The indicator is easy to install and use, and it can be used on any time frame. It is also customizable, allowing traders to adjust the settings to suit their trading style. The VQ Bars indicator is a great tool for traders who are looking for an easy way to identify trading opportunities in the Forex market.
MT4
VQ Bars Indicator
The VQ Bars Forex Indicator is a popular and free MetaTrader 4 (MT4) indicator that is useful for traders of all levels. This indicator provides a visual representation of the price action of the currency pair in the form of bars, making it easier for traders to understand the market. The VQ Bars indicator is a great tool for traders who are looking for an easy way to identify trading opportunities in the Forex market.
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Description
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How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
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